US Auto Industry Down 8% Since 2019
CleanTechnica EVs
SEPTEMBER 24, 2023
It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.
Auto Industry Honda Industry Market 
US Auto Industry Down 3+ Million Sales (19%) Since 2019
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. Compared to 2020, there were “only” down by 725,726 units (5%).
US Auto Industry Up 10% In 4th Quarter — But Down 16% Compared To Q4 2019
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry is truly on the rebound. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. But was it just a lucky little blip?
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Tesla US Sales Up 104% While US Auto Industry Down 22%
CleanTechnica EVs
OCTOBER 18, 2021
Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.
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Honda breaks ground on its $4.4 billion Gigafactory in the US
Teslarati
FEBRUARY 28, 2023
Honda and its partner LG Energy Solutions have broken ground on their first joint venture battery production location in the United States. Honda is far from a leader in the electric vehicles market, but with a series of investments , they hope to change that over the next decade. Lee, CEO of the Honda/LG joint venture.
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Nissan and Honda unite to join global software-defined EV race, play catch up with Tesla
Baua Electric
AUGUST 1, 2024
Nissan and Honda building a software-defined EV? Nissan and Honda deepen EV alliance with SDVs After confirming plans to partner up in March, Nissan and Honda are deepening their alliance. Nissan and Honda will work together to promote EV adoption with a focus on software-defined vehicles (SDVs).
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ISU study finds large potential for biobased materials in auto industry, but with challenges
Green Car Congress
DECEMBER 16, 2012
A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Cost to manufacture is one of the main considerations.
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Honda to step up its game with new electric motorcycles and EVs
Teslarati
APRIL 25, 2023
Honda appears ready to go full electric and dive into the increasing competition in the EV industry. At the same time, Honda plans to increase its annual sales of electric motorcycles to 3.5 Now, Honda is setting ambitious goals for its electrification business. million units by 2025. Its 2030 goal is to sell 3.5
US Auto Sales Up 5% in Q1 vs. Q1 2023, Down 5% vs. Q1 2019
CleanTechnica EVs
JUNE 9, 2024
The US auto industry is in a very interesting place. In this US auto industry sales report, I compare 1st quarter (Q1) sales going back 5 years. continued] The post US Auto Sales Up 5% in Q1 vs.
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Nissan and Honda confirm new EV partnership as they look to play catch up with Tesla, BYD
Baua Electric
MARCH 15, 2024
Nissan and Honda are forming a new EV partnership after falling behind leaders like Tesla and China’s BYD. Nissan and Honda form EV partnership to keep pace Yesterday, Electrek reported that Nissan and Honda were considering partnering up to introduce more affordable EVs. It’s official.
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Tesla (TSLA) now has 4.2% of the US auto market
Baua Electric
JANUARY 8, 2024
market share of the US auto market. It wasn’t that long ago that many bigwigs in the auto industry didn’t see Tesla ever being more than a niche automaker. But the company has made itself undeniable by holding a majority market share in the electric vehicle market in the US.
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CAR report quantifies automotive’s position as a leading high-tech industry
Green Car Congress
JANUARY 8, 2014
Percentage of Global R&D Spending by Industry, 2013. A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Click to enlarge. —Center for Automotive Research. Click to enlarge.
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More auto plant shutdowns for COVID-19
Green Car Congress
MARCH 20, 2020
Honda will suspend production for six days beginning 23 March, with current plans to return to production on 31 March. Honda transmission and engine plants in North America that serve Honda auto plants also will suspend production for the same time period. Tesla will suspend production at its Fremont plant on 23 March.
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Tesla looking to produce next-gen EV codenamed “Redwood” in mid-2025: report
Teslarati
JANUARY 24, 2024
A new mass-market electric car that would be built on this platform is reportedly codenamed “Redwood.” The publication’s sources also noted that in recent years, Tesla tore down a Honda Civic to study how to manufacture affordable cars. Don’t hesitate to contact us with news tips.
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US Auto Sales Down 8% in Q3 2023 vs. Q3 2019
CleanTechnica EVs
DECEMBER 17, 2023
The US auto industry is bouncing back compared to the past couple of years, but it’s still significantly below its. continued] The post US Auto Sales Down 8% in Q3 2023 vs. Q3 2019 appeared first on CleanTechnica.
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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants
Green Car Congress
JUNE 29, 2021
The research on electric vehicle uptake around the world is clear: electric vehicle manufacturing growth happens where there are strong national policies designed to spur the market forward. Great promotional events and bold aspirational statements by the domestic auto industry can’t mask the facts. million over the same period.
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Dealer Groups are Up In Arms About Potential for Scout and Sony Afeela to Sell Cars Directly to Buyers
The Truth About Cars
APRIL 22, 2024
Dealers are often the first group to sound concerns when something changes in the auto industry, whether they’re justified in their complaints or not. Executives from the automakers have dodged questions about the situation, noting that they wanted to leave their options open as market conditions evolve.
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Tesla Now 8th Best Selling Auto Brand In USA — US Auto Sales Up 9%, But Down 11% vs. 2019
CleanTechnica EVs
APRIL 23, 2023
It’s time for another quarterly report on US auto sales. Like a few other major news outlets, I track total quarterly sales of the US auto industry, but I also conduct a thorough analysis of the trends of each automaker.
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Survey: Dealers think Biden is moving too fast on EVs
Baua Electric
FEBRUARY 2, 2024
Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The rules haven’t been finalized, but that process could be completed as soon as March, the industry journal noted. car dealers and dealership managers.
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Next phase of THEA’s connected vehicle pilot brings together auto manufacturers and road operators
Green Car Congress
OCTOBER 16, 2020
The next step in the Connected Vehicle space is to begin working with the auto industry manufacturers. To that end, THEA is proud to announce that it is collaborating with Honda R&D Americas, LLC, Hyundai America Technical Center, Inc. The current plan is for the OEMs to deploy six of the CV Pilot apps.
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US Auto Sales: Tesla Had Highest % Increase from Q2 2019 to Q2 2021, 5th Highest Volume Increase
CleanTechnica EVs
JULY 12, 2021
Another quarter has wrapped up and we have more grand trends in the US auto industry. In the charts and text below, I’m comparing Q2 2021 (the second quarter of 2021) with Q2 2020 and also with Q2 2019. Naturally, year-over-year changes are interesting, but given how unique last year was, I think it’s more […].
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It’s easy to criticize, hard to create; my motto is never give up, says Henrik Fisker – ET Auto
Baua Electric
JULY 10, 2024
He admitted that while the auto industry might be the hardest to succeed, the nascent EV industry is even more difficult. But he is personally “excited about doing great work in this industry and bringing new innovative EVs to the world”. Chinese Dominance In 2023, over 8 million electric cars were sold in China.
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Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut
Baua Electric
JANUARY 17, 2024
This has been a point of debate in the auto industry, as many appealed to the government to lower the tax rate for hybrid cars considering they are less polluting than the pure petrol models. This propelled several automakers in both the mass-market and luxury segment to launch hybrid cars.
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Nikkei Editorial Urges Japan to Match US, China EV Moves
Green Car Congress
JULY 23, 2010
An editorial in Japan’s Nikkei argues that Japanese automakers need to respond aggressively to compete in the rapidly changing global market for electric vehicles.both Toyota and Honda had until recently thought that the era of hybrids would continue for a while before electric vehicles began to gain popularity.
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At CES, legacy automakers scramble to keep up in AI arms race – ET Auto
Baua Electric
JANUARY 10, 2024
As artificial intelligence becomes the new horsepower for car buyers, established automakers are redoubling efforts to match the digital features that set Tesla, BYD and other new rivals apart, industry executives and analysts said at the CES technology show in Las Vegas. The transition to software-dominated cars is challenging.
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Target for 50 percent export share: Piyush Goyal tells automakers | Autocar Professional
Baua Electric
JANUARY 5, 2024
At a time when global automakers are looking beyond China towards India for a reliable and best cost base, the Minister of Commerce and Industry Piyush Goyal said the Indian auto industry should target to increase their share of exports to at least 50 percent. It should be at least 50 percent.
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Over 42k Tesla supporters are urging Pres. Biden to acknowledge the company’s EV leadership
Teslarati
FEBRUARY 2, 2022
share of the US EV market in the fourth quarter. . “In the auto industry, Detroit is leading the world in electric vehicles. You electrified the entire automotive industry. Tesla, as well as other carmakers like Toyota and Honda, do not utilize union labor. Credit: General Motors. You know how critical it is?
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KPMG Survey: execs say connected car generates 10x revenue than a conventional vehicle; market share based on units “outdated”; BEVs #1 trend
Green Car Congress
JANUARY 24, 2017
In fact, expectations for data-driven revenue are so great that 71% say measuring OEM market share based on units sold is outdated. Prior to joining Ford, Tariq was Apple’s Global Marketing and Communication director for Retail. Good-bye to auto-digital fusion, hello to co-integration. Click to enlarge.
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BYD offers discounts for Song and Seal as China's auto price war intensifies
CN EV Post
MARCH 9, 2023
(Image from BYD's Weibo) As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged. This is a limited-time marketing campaign valid from March 10 to March 31, BYD said.
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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability
Green Car Congress
JULY 2, 2018
The analysis, which compares national data on the market uptake of electrically-chargeable vehicles (ECVs) with GDP per capita, shows that the market share of ECVs is close to 0% in countries with a GDP below €18,000 (~US$21,000), while it is no more than 0.75% in half of all EU member states. percentage points between 2014 and 2017.
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New milestone in 2023: What drove India to record over 41 lakh car sales
Baua Electric
JANUARY 3, 2024
(REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. The Indian passenger vehicle market, valued at ₹ 4.5 The Indian passenger vehicle market, valued at ₹ 4.5
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Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market
Green Car Congress
MAY 2, 2009
In a panel session entitled “Does Green Matter in a Try-to-Survive Market?” How big is the green market? ’“ This is one of the reason Honda reintroduced the Insight, they wanted the Insight to be a unique body style rather than a powertrain option on a Civic. by Bill Cooke. Truly Green Consumers.
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June 2023 – Tesla Model Y was the best selling BEV in Germany
Push EVs
JULY 15, 2023
share of the market in H1 2022 has halved, to 5.66% in H1 2023. Whereas PHEVs previously had almost as much market share as BEVs (see graph below) in Germany, they have now slipped to around one third that of BEVs. This is more in line with the plugin weightings in the other large European markets of France and the UK.
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FCA to pay record $105M over recall failures
Green Car Congress
JULY 27, 2015
The company must pay a $70-million cash penalty—equal to the record $70 million civil penalty the agency imposed on Honda in January. In addition, Fiat Chrysler must spend at least $20 million on meeting performance requirements included in the Consent Order. —NHTSA Administrator Mark Rosekind.
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KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority
Green Car Congress
JANUARY 22, 2011
The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. With regard to what would happen to government subsidies for the automotive industry in their respective countries, executive were mixed. US automaker gains in market share. Investments.
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Rivian IPO: What you need to know
Teslarati
NOVEMBER 9, 2021
And based on filings with the Securities and Exchange Commission (SEC), Rivian is looking to enter the public markets in a big way — and it is setting its ambitions very high. Such a valuation is ambitious , as it would make Rivian’s market cap just a bit lower than veterans such as General Motors ($84.82 Target Valuation.
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IndyCar Series Switches to 6-Cylinder Engines for 2012; Series to Explore Energy Recovery, Hybridization and Other Technologies
Green Car Congress
JUNE 3, 2010
On the heels of the Indianapolis 500 last weekend, the IZOD IndyCar Series has released a new engine strategy that reflects the downsizing trend in the larger commercial market. All cars in the 2010 Indy Series are using 100% ethanol-fueled Honda Indy HI10R normally-aspirated V-8 engines, with 3.5L cubic liters. displacement.
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Tesla sold one out of every 8 cars in California in 2023, 21.4% EV share
Baua Electric
JANUARY 30, 2024
The data was released yesterday by the California New Car Dealer’s Association (CNCDA) in their quarterly Auto Outlook. This was the Q4 and full-year report, reflecting on trends in auto sales for the full year in the state that leads the US in EV sales. Compared to a national market share of 7.5%, EVs commanded 21.4%
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Tesla Now Selling More Vehicles In USA Than Lexus, Volkswagen, Mercedes, BMW, & Many Others
CleanTechnica EVs
OCTOBER 18, 2021
I just published a report highlighting the fact that Tesla’s US sales have been growing as the overall auto market has tanked, and I also published one looking at companies’ EV share of auto sales (Tesla being at 100%, of course). I nearly closed all my Google Sheets and left the topic of US EV […].
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Will green cars put industry on road to profit?
Green Cars News
JULY 3, 2009
It believes that many of the domestic industry’s problems stem from an underestimation of US consumer demand for green cars. This failure, it believes, has prompted US car manufacturers to lose market share to foreign rivals and particularly those from Japan such as Toyota and Honda. Leave a comment with your thoughts.
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Three perspectives on China’s EV industry (spoiler alert: legacy brands are toast) – Charged EVs
Baua Electric
MAY 14, 2024
Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. When it was over, all the British and Italian motorcycle brands were wiped out, leaving the field to one US brand—Harley Davidson—and four Japanese brands—Honda, Kawasaki, Suzuki and Yamaha. Three recent accounts stand out from the pack.
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Opinion: Hey VW, Electric Vehicles Are Not a Joke
Clean Fleet Report
APRIL 1, 2021
The auto industry is not known as a second career for comedy writers. Honda confirmed it will sell two electric SUVs based on GM’s Ultium platform by 2024. Stellantis even showed off a fuel cell electric delivery van that will be on the European market later this year. It happens every year.
False Starts: The Story of Vehicle-to-Grid Power
Cars That Think
MARCH 11, 2023
Purveyors of EVs would have a new public-policy rationale backing up their market. It occurred in the wake of the California electricity crisis of 2000 and 2001, when mismanaged deregulation, market manipulation, and environmental catastrophe combined to unhinge the power grid. AC Propulsion’s experiment was timely.
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Hatchbacks not giving up territorial rights so easily | Autocar Professional
Baua Electric
MAY 18, 2024
India is in a growing stage, and when the market is growing, and new customers are entering, hatchbacks play an important role for the first-time buyers,” said Hisashi Takeuchi, MD and CEO of Maruti Suzuki. There’s a market for Rs 5 lakh small cars with reasonable features. That’s a sign of maturing the market at the entry-level.
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